DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details) - USD ($) |
1 Months Ended | 6 Months Ended | |||||
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May 06, 2020 |
Mar. 27, 2020 |
Jan. 31, 2020 |
Aug. 30, 2019 |
Jun. 30, 2020 |
Dec. 31, 2019 |
Sep. 28, 2018 |
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DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details) [Line Items] | |||||||
Ownership percentage | 100.00% | ||||||
Common stock, par value (in Dollars per share) | $ 0.0001 | $ 0.0001 | |||||
Shares issued (in Shares) | 19,625 | 24,428,681 | |||||
Articles of incorporation, description | In connection with the Closing, we amended and restated our articles of incorporation, effective September 28, 2018 to (i) change our name to Ondas Holdings Inc. and (ii) increase our authorized capital to 360,000,000 shares, consisting of 350,000,000 shares of common stock, par value $0.0001 per share, and 10,000,000 shares of “blank check” preferred stock, par value $0.0001 per share. | ||||||
Business acquisition, description | Also in connection with the Closing, (i) our sole director appointed additional individuals, who previously were members of the board of directors of Ondas Networks and its chief executive officer, to serve on our Board, and our Board subsequently appointed executive officers; (ii) the former holders of the Ondas Networks Shares executed lock-up agreements (the “Lock-Up Agreements”), which provided for an initial 12-month lock-up period, commencing with the date of the Closing, with a subsequent 12-month limited sale period; (iii) we entered into a Common Stock Repurchase Agreement with Energy Capital, LLC, a current stockholder of the Company (“Energy Capital”), pursuant to which the entity sold an aggregate of 32.6 million Company Shares (the “Repurchase Shares”) to us at $0.0001 per share, for an aggregate consideration of $3,260, which Repurchase Shares were canceled and returned to our authorized but unissued shares; (iv) our Board approved, and our stockholders adopted, the 2018 Incentive Stock Plan (the “2018 Plan”) pursuant to which 10 million Company Shares have been reserved for issuance to employees, including officers, directors and consultants; and (v) we entered into a Loan and Security Agreement with Energy Capital, pursuant to which Energy Capital agreed to lend us an aggregate principal amount of up to $10 million, subject to specified conditions. | ||||||
Percentage of outstanding common stock | 41.00% | ||||||
Reverse stock split, description | All share and per share amounts in the condensed consolidated financial statements and related notes have been retrospectively adjusted to reflect the Exchange Ratio in connection with the Acquisition. | ||||||
Stockholders' deficit | $ 16,401,000 | ||||||
Short-term borrowings outstanding | 10,685,000 | ||||||
Long-term borrowings outstanding | 947,000 | ||||||
Cash | 44,000 | ||||||
Working capital deficit | $ 16,295,000 | ||||||
Percentage of base salary | 90.00% | ||||||
Percentage of workforce | 80.00% | ||||||
CARES Act, description | the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted. The CARES Act is an approximately $2 trillion emergency economic stimulus package in response to the Coronavirus outbreak, which among other things contains numerous income tax provisions. | ||||||
Fund received | $ 660,000 | ||||||
FurloughedWorkforceDescription | On May 13, 2020, we reopened our corporate headquarters, 12 of our furloughed employees returned, and the remaining five employees remain on furlough. | ||||||
Ondas Networks Share [Member] | |||||||
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details) [Line Items] | |||||||
Common stock, par value (in Dollars per share) | $ 0.00001 | ||||||
Conversion of shares (in Shares) | 3.823 | ||||||
Shares issued (in Shares) | 25,463,732 | ||||||
Common Stock [Member] | |||||||
DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION (Details) [Line Items] | |||||||
Common stock, par value (in Dollars per share) | $ 0.0001 |